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Welcome to another #AusFIWeekly with handpicked Financial Independence links and events from Australia and abroad. I’m Michelle, a mid-30s semi-retiree sharing my FI journey at FrugalityandFreedom.com
Time for another member of our local FI community to pick today’s links. Say hello to this edition’s guest curator, TwoToFire. Over to you…
Hi, we’re TwoToFire, a Sydney-based couple of 30-somethings. Despite our background in finance and analytics, we were clueless about FIRE until 2019. Having realised the power of its principles, we have started our journey towards Financial Independence and have not looked back ever since. You can read more about our journey and connect with us at the links below
twotofire.com
@TwoToFire on Instagram & Twitter
Australian Links
Conspicuous Consumption aka Keeping Up With The Joneses – TwoToFire
Feeling envy is only human, but it can become a problem if left unchecked and fueled further by conspicuous consumption. In this post we penned down our thoughts on this topic, what drives this behaviour and what can be done to manage it.
Trying to Embrace Freedom – Adventures With Poopsie
Financial Independence is not just about being free from the daily grind of earning a living but is also about the power to say no. It’s the power that gives us the choice to live life on our terms, which is why we’re all in the FI game in the first place. This brilliant post captures how we have been indoctrinated to say “yes” and to just keep following! We cannot wait to have this super power called Financial Independence!
Possible Age Pensions Changes to be Careful of – HisHerMoneyGuide
One thing that this pandemic has taught us is to take nothing for granted and in this post Alex, cautions us to not take pension benefits for granted either. With Australian demographic changes, government policies and benefits will also need to change and adapt. It will be for our own benefit if we heed such words of caution and factor them into our calculations.
Outward Bound – Trends in Taxable Investment Income – The FI Explorer
“Tracking taxable investment income produced by the financial independence portfolio provides a useful external benchmark of progress on the journey… It helps illustrate the underlying income generating potential of the portfolio and also allows for broader trends over time to be observed.”
Australian Events
Adelaide: FI/RE Meetup Adelaide
Hosted by yours truly, Frugality and Freedom with Keepin’ It Frugal.
Sat 21 Nov 2pm, Adelaide CBD
Brisbane: 3 Year Anniversary MMM South Brisbane – Mustachians Australia
Sat 14 Nov 1pm, Holland Park
International Links
Abolish the Early Retirement Police – Financial Mechanic (USA)
This one is on the long standing debates about the actual definition of retiring early.
“Many say you can’t work and be retired, and they have been branded by Jacob from Early Retirement Extreme and Mr. Money Mustache as the Internet Retirement Police. However, these people are everywhere, not just on the Internet, so I call them the ERP—The early retirement police.”
Where Should I Keep My Emergency Fund? – Money Mage (UK)
With interest rates at record low levels, everyone is questioning what is the best instrument for an emergency fund. In this post, cash as an option is evaluated along with other options by keeping liquidity as the most important aspect for an emergency fund at the forefront.
The Destination Myth: How to Get Unstuck – Mortgage Free By the Sea (UK)
“The destination myth is prevalent in today’s society. It leads us to believe that it’s the destination, and not the journey, that is important. As a result of this, once we reach our destination, it can leave us feeling stuck and underwhelmed.”
7 Ways To Invest In Real Estate For All Investors – Plant Money Seeds (USA)
We were looking to invest in real estate and yes the first thought that came to our minds was, the initial deposit! Well, there are many ways to go past that obstacle.
“What many people fail to realise is that there are many different ways you can invest in real estate. You don’t always need to pay a huge down payment. Whatever your income, there are ways you can get yourself invested in real estate.”
Thanks to TwoToFire for selecting today’s content. Follow their journey to FI at twotofire.com
Want to be an #AusFIWeekly guest curator? Got other Australian blog posts to recommend? Get in touch.
Yours in pursuit of FI,
Michelle @ Frugality and Freedom
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